Form 4: Fiserv Director Harry DiSimone Receives Equity Grant

Fiserv Inc. director Harry DiSimone has been granted 4,121 restricted stock units as part of his compensation, increasing his total direct and indirect holdings.

Summary

• Harry DiSimone, a director at Fiserv Inc., was granted 4,121 restricted stock units (RSUs) on May 21, 2026.
• The RSUs were acquired at a price of $0.00 as part of a standard director compensation package.
• Each RSU represents a contingent right to receive one share of Fiserv common stock upon vesting.
• Following the transaction, DiSimone directly owns 21,519 shares and indirectly holds 2,706 shares through a family trust.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive administrative event that maintains standard corporate governance and director alignment.

Positives

• Strengthens director alignment with shareholder interests through increased equity ownership.
• The grant follows a standard vesting schedule that encourages long-term board stability.
• Total beneficial ownership for the director now exceeds 24,000 shares.

Negatives

• The eventual conversion of RSUs into common stock will result in a minor dilutive effect for existing shareholders.

Risks

• The realized value of the grant is entirely dependent on the future market price of Fiserv common stock.
• Vesting is contingent upon the director's continued service through the first anniversary of the grant or the next annual meeting.

Future Outlook

The restricted stock units are scheduled to vest 100% on the earlier of the first anniversary of the grant date or immediately prior to the first annual meeting of shareholders following the grant.

Industry Context

StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard practice among S&P 500 fintech companies to ensure that board oversight is aligned with long-term stock performance.

Comparison to Industry Standards

• The grant of approximately 4,000 units is consistent with director equity awards at peer firms such as Global Payments and Fidelity National Information Services.
• The one-year cliff vesting period is a standard governance benchmark for director compensation in the technology and financial services sectors.

Corporate Governance

Related Party Transactions

• The issuance of equity to a director is a reported transaction under Section 16 of the Securities Exchange Act.

Stakeholder Impact

• Shareholders are impacted by the minor dilution but benefit from the director's increased vested interest in company performance.

Next Steps

• Full vesting of the 4,121 RSUs expected in May 2027.

Key Dates

Recommendation

This filing details a routine compensation event for a director and does not provide new information regarding the company's operational performance or strategic outlook that would warrant a change in investment rating.

Keywords

Fiserv Inc, FISV, Insider Trading, Restricted Stock Units, Director Compensation, Harry DiSimone, Fintech, SEC Form 4